U.S. in Recession | Minnesota Public Radio NewsQ

Short on cash? Try bartering
If you run a business and lack cash in these times of tight credit, what do you do? More and more people are turning to an age-old transaction -- bartering.April 21, 2009
Park Nicollet to lay off 233 workers
Park Nicollet Health Services announced Monday it will lay off 233 employees due to the worsening economy.April 20, 2009
Nearly all sectors saw job cuts last month in Minn.
The Minnesota unemployment rate edged up to 8.2 percent in March, as employers in the state eliminated another 23,200 jobs.April 16, 2009
Rochester district lays off 78 teachers
The Rochester school district has sent layoff notices to 78 teachers in one of the largest job cuts of teachers in district history.April 16, 2009
Wall Street analyst: Best Buy cuts wages, jobs in its stores
A Wall Street analyst says thousands of Best Buy employees may face job losses, demotions or pay cuts.April 16, 2009
Mall operator files for bankruptcy protection; owns six Minn. properties
General Growth Properties, which owns several properties in Minnesota including Ridgedale and Eden Prairie Center, said shoppers at its malls will not be affected by its bankruptcy filing.April 16, 2009
New jobless claims fall unexpectedly to 610K
New jobless claims fell more than expected for the second straight week, but the number of Americans continuing to receive unemployment insurance benefits rose above 6 million for the first time.April 16, 2009
March housing construction falls 10.8 percent
The government says housing construction plunged to the second lowest level on record in March, providing a sobering sign that the worst housing slump in decades has not yet ended.April 16, 2009
Recovery still far away, despite increase in metro home sales
March home sales in the Twin Cities area posted a robust 14 percent increase, but prices continue to fall compared to last year. But experts caution against declaring an economic recovery is underway.April 10, 2009
Fed exec says economic growth will resume
Gary Stern, president of the Federal Reserve Bank of Minneapolis, says he thinks business activity will pick up, especially given the economy's fundamental resilience.April 9, 2009
3M offers buyouts to 3,600 US employees
3M Co. is offering early retirement packages to 3,600 employees in the U.S. as the maker of Post-it Notes and Scotch tape tries to cut costs amid the economic downturn.April 9, 2009
Wells Fargo projects record $3 billion 1Q profit
Wells Fargo & Co. said Thursday it expects record first-quarter earnings of $3 billion, easily surpassing analysts' estimates and providing an encouraging sign for the banking industry.April 9, 2009
New jobless claims fall more than expected to 654K
New jobless claims fell more than expected last week but are stuck at elevated levels, while those continuing to receive unemployment insurance set a record for the 11th straight week.April 9, 2009
Target same-store sales slip 6.3 percent in March
Discount retailer Target says same-store sales declined 6.3 percent in March, slightly better than Wall Street expectations.April 9, 2009
Trade deficit falls for seventh straight month
The government says the U.S. trade deficit plunged unexpectedly in February to the lowest level in more than nine years as the steep recession pushed imports down for a seventh straight month while U.S. exports managed a small rebound.April 9, 2009

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